Thai central bank wins appeal against ex-governor

A recent decision by Thailand's Supreme Administrative Court clears the way for the central bank to press for damages against former governor, Rerngchai Marakanond.

Shortly after taking office, current bank governor, Pridiyathorn Devakula, appointed a committee that brought a civil court case against Rerngchai in 2001 accusing him of being "severely negligent" during the 1997 Asian financial crisis, in which Thailand exhausted its foreign exchange reserves through a failed attempt to prevent the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.